Hawaii Real Estate Licensing Law &
Rules Questions and Answers Already
Passed
The Real Estate Commission has nine members, all of whom must be licensed real estate
brokers. ✔✔False
caretaker or custodian who leases or offers to lease, or rents or offers to rent condominium units
on behalf of an association of condominium owners is required to be licensed. ✔✔True.
In a partnership engaged in real estate brokerage, every active partner must have a real estate
salesperson's license. ✔✔False
person who acts as a receiver, trustee in bankruptcy, or personal representative in handling real
estate matters is required to be licensed. ✔✔False
Four members of the Real Estate Commission shall reside on Oahu, and one shall reside in Maui
County, one on Kauai and one on Hawaii. ✔✔True.
, Going to your broker's office and doing floor duty, which includes answering the phone and
talking to prospects about the company's listings, after you have passed your licensing exam but
before you have actually received your license, is a violation of the licensing law. ✔✔True.
Complaints against members of regulated industries are investigated by the Regulated Industries
Complaint Office (RICO). ✔✔True.
Members of the Real Estate Commission are appointed for terms of five years. ✔✔False
The entities that may be licensed are individuals, partnerships, corporations and LLCs. ✔✔True.
The maximum amount in the education fund shall be $1,500,000. ✔✔False
Failure to complete 20 hours of Continuing Education prior to license renewal will result in
revocation of your license. ✔✔False
To change your license from inactive to active, you must show proof that you have completed
the required 20 hours of Continuing Education. ✔✔True.
Rules Questions and Answers Already
Passed
The Real Estate Commission has nine members, all of whom must be licensed real estate
brokers. ✔✔False
caretaker or custodian who leases or offers to lease, or rents or offers to rent condominium units
on behalf of an association of condominium owners is required to be licensed. ✔✔True.
In a partnership engaged in real estate brokerage, every active partner must have a real estate
salesperson's license. ✔✔False
person who acts as a receiver, trustee in bankruptcy, or personal representative in handling real
estate matters is required to be licensed. ✔✔False
Four members of the Real Estate Commission shall reside on Oahu, and one shall reside in Maui
County, one on Kauai and one on Hawaii. ✔✔True.
, Going to your broker's office and doing floor duty, which includes answering the phone and
talking to prospects about the company's listings, after you have passed your licensing exam but
before you have actually received your license, is a violation of the licensing law. ✔✔True.
Complaints against members of regulated industries are investigated by the Regulated Industries
Complaint Office (RICO). ✔✔True.
Members of the Real Estate Commission are appointed for terms of five years. ✔✔False
The entities that may be licensed are individuals, partnerships, corporations and LLCs. ✔✔True.
The maximum amount in the education fund shall be $1,500,000. ✔✔False
Failure to complete 20 hours of Continuing Education prior to license renewal will result in
revocation of your license. ✔✔False
To change your license from inactive to active, you must show proof that you have completed
the required 20 hours of Continuing Education. ✔✔True.
